Earnest money is a term most commonly used in real estate transactions. Earnest money is a sum of money a buyer will put down to demonstrate their seriousness about buying a home. Earnest money essentially acts like a deposit on the house you are intending to buy. Generally, earnest money will be around 1% to
QDRO is short for qualified domestic relations order. A QDRO is an order issued by the court that recognizes the right for an “alternate payee” to receive a specified portion of the benefits payable to the participant of a retirement/savings plan. QDROs are most commonly seen in divorce proceedings when the court is dividing the
By : J.D. Hartung NIL knows no boundaries . . . yet! The NCAA’s “acceptance” of the reality that student-athletes must be allowed to make money from their own NIL (Name, Image and Likeness) has created a huge “gray area” when it comes to what is or is not permissible. The NCAA’s initial “Interim NIL
Are you thinking about purchasing property? Whether you are purchasing a new home or a piece of land, it is important to understand what covenants and restrictions apply to that property. Restrictive covenants, aka property covenants, tell you what you can and cannot do with your property. Two main purposes of covenants are to limit
Des Moines, Iowa – October 29, 2021 – Travis Brenner has been hired as an associate attorney at Hartung Schroeder Law Firm, Des Moines, Iowa. Travis graduated from Drake University Law School (with honors) in May of 2021 – where he earned both his J.D. and M.B.A degrees. He was admitted to the Iowa Bar
By : Travis Brenner Mediation and arbitration are two forms of dispute resolution methods that parties may elect to use. Additionally, some contracts may contain a mediation or arbitration clause which requires parties to mediate or arbitrate any disputes prior to filing a lawsuit. Although they are both types of dispute resolution, mediation and arbitration have
